Bessemer Group Maintains Stake in Automatic Data Processing (ADP); Cardinal Capital Management Has Upped Gaming & Leisure Pptys (GLPI) Holding

January 18, 2018 - By Stephen Andrade

Cardinal Capital Management Llc increased its stake in Gaming & Leisure Pptys Inc (GLPI) by 2% based on its latest 2017Q3 regulatory filing with the SEC. Cardinal Capital Management Llc bought 12,048 shares as the company’s stock rose 13.43% with the market. The institutional investor held 614,777 shares of the consumer services company at the end of 2017Q3, valued at $22.68 million, up from 602,729 at the end of the previous reported quarter. Cardinal Capital Management Llc who had been investing in Gaming & Leisure Pptys Inc for a number of months, seems to be bullish on the $7.77 billion market cap company. The stock decreased 0.63% or $0.23 during the last trading session, reaching $36.53. About 50,584 shares traded. Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) has risen 10.92% since January 18, 2017 and is uptrending. It has underperformed by 5.78% the S&P500.

Bessemer Group Inc increased its stake in Automatic Data Processing (ADP) by 3.2% based on its latest 2017Q3 regulatory filing with the SEC. Bessemer Group Inc bought 54,994 shares as the company’s stock declined 1.06% while stock markets rallied. The institutional investor held 1.78 million shares of the technology company at the end of 2017Q3, valued at $194.10 million, up from 1.72M at the end of the previous reported quarter. Bessemer Group Inc who had been investing in Automatic Data Processing for a number of months, seems to be bullish on the $54.28 billion market cap company. The stock increased 0.29% or $0.35 during the last trading session, reaching $122.4. About 158,099 shares traded. Automatic Data Processing, Inc. (NASDAQ:ADP) has risen 15.83% since January 18, 2017 and is uptrending. It has underperformed by 0.87% the S&P500.

Since September 1, 2017, it had 0 insider purchases, and 19 sales for $30.33 million activity. Weinstein Donald sold $263,968 worth of stock or 2,275 shares. Shares for $729,738 were sold by Ayala John on Friday, September 1. $11.31 million worth of Automatic Data Processing, Inc. (NASDAQ:ADP) was sold by Rodriguez Carlos A. JONES JOHN P III also sold $659,979 worth of Automatic Data Processing, Inc. (NASDAQ:ADP) shares. Flynn Edward B III sold $928,498 worth of stock or 7,886 shares. On Friday, September 1 Sackman Stuart sold $55,346 worth of Automatic Data Processing, Inc. (NASDAQ:ADP) or 519 shares.

Among 19 analysts covering Automatic Data (NASDAQ:ADP), 5 have Buy rating, 2 Sell and 12 Hold. Therefore 26% are positive. Automatic Data had 50 analyst reports since August 3, 2015 according to SRatingsIntel. The rating was maintained by Topeka Capital Markets with “Sell” on Thursday, October 29. The firm has “Buy” rating by Argus Research given on Tuesday, May 3. On Tuesday, July 18 the stock rating was downgraded by Barclays Capital to “Equal-Weight”. The company was maintained on Tuesday, October 3 by Stifel Nicolaus. The firm earned “Hold” rating on Tuesday, October 3 by Robert W. Baird. The stock of Automatic Data Processing, Inc. (NASDAQ:ADP) earned “Buy” rating by Argus Research on Tuesday, November 3. The company was maintained on Monday, May 2 by RBC Capital Markets. Robert W. Baird maintained Automatic Data Processing, Inc. (NASDAQ:ADP) rating on Wednesday, August 30. Robert W. Baird has “Hold” rating and $111.0 target. The firm has “Equal-Weight” rating by Morgan Stanley given on Tuesday, November 14. William Blair downgraded the shares of ADP in report on Friday, July 21 to “Market Perform” rating.

Bessemer Group Inc, which manages about $25.06 billion US Long portfolio, decreased its stake in E Trade Financial Corp (NASDAQ:ETFC) by 25,969 shares to 609 shares, valued at $26,000 in 2017Q3, according to the filing. It also reduced its holding in Landstar Sys Inc (NASDAQ:LSTR) by 30,000 shares in the quarter, leaving it with 178 shares, and cut its stake in Flexshares Morningstar Usm (TILT).

Investors sentiment decreased to 0.68 in Q3 2017. Its down 0.09, from 0.77 in 2017Q2. It dropped, as 60 investors sold ADP shares while 457 reduced holdings. 109 funds opened positions while 241 raised stakes. 342.26 million shares or 3.77% less from 355.68 million shares in 2017Q2 were reported. First Tru Company owns 46,528 shares for 0.59% of their portfolio. Charter Tru has invested 0.93% of its portfolio in Automatic Data Processing, Inc. (NASDAQ:ADP). R G Niederhoffer Cap Mgmt Inc has invested 1.41% of its portfolio in Automatic Data Processing, Inc. (NASDAQ:ADP). Dillon Assoc Incorporated holds 3.97% or 92,419 shares in its portfolio. Ubs Asset Mgmt Americas Inc reported 0.19% of its portfolio in Automatic Data Processing, Inc. (NASDAQ:ADP). Piedmont Investment Advsrs Ltd Llc holds 97,978 shares. Nelson Roberts Invest Limited Liability Corp has 3,471 shares for 0.12% of their portfolio. First Heartland Consultants Inc holds 0.2% or 7,662 shares. Ashfield Capital Prns Ltd Co holds 0.45% in Automatic Data Processing, Inc. (NASDAQ:ADP) or 30,452 shares. Mitchell Sinkler Starr Pa owns 8,722 shares. Boys Arnold And stated it has 0.83% of its portfolio in Automatic Data Processing, Inc. (NASDAQ:ADP). Brown Advisory Securities Ltd Liability Corporation holds 6,705 shares or 0.16% of its portfolio. The British Columbia – Canada-based Pacad Inv has invested 0.15% in Automatic Data Processing, Inc. (NASDAQ:ADP). Moreover, Stifel Fin has 0.11% invested in Automatic Data Processing, Inc. (NASDAQ:ADP) for 292,848 shares. 59,839 were accumulated by South State Corp.

Investors sentiment increased to 1.38 in 2017 Q3. Its up 0.06, from 1.32 in 2017Q2. It is positive, as 28 investors sold GLPI shares while 76 reduced holdings. 43 funds opened positions while 101 raised stakes. 192.49 million shares or 2.96% more from 186.96 million shares in 2017Q2 were reported. Menta Limited Liability Corporation holds 17,900 shares or 0.1% of its portfolio. Voya Invest Mngmt Ltd Limited Liability Company reported 1.52 million shares. Ubs Oconnor Ltd Co owns 877,665 shares or 0.74% of their US portfolio. State Street invested in 4.02 million shares or 0.01% of the stock. 131,000 are held by Gabelli Funds Limited Liability Co. Legal And General Group Incorporated Public Ltd Co has 0.02% invested in Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) for 568,726 shares. Susquehanna Int Grp Llp holds 25,580 shares. Whittier Tru Of Nevada Inc accumulated 100 shares. Comerica Bankshares owns 17,381 shares. First Republic Mgmt has invested 0.02% in Gaming and Leisure Properties, Inc. (NASDAQ:GLPI). Us National Bank De has 0% invested in Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) for 22,282 shares. Numeric Limited Liability Corporation, Massachusetts-based fund reported 5,700 shares. Investec Asset Management North America Incorporated reported 42,394 shares or 0.26% of all its holdings. Par Cap Inc invested in 4.65 million shares. Sumitomo Mitsui Trust reported 187,909 shares or 0.01% of all its holdings.

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